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Home Minnesota Bridgewater Bank

Bridgewater Bank

SAINT LOUIS PARK, MN 55416

⭐ SBA Preferred Lender
41
Loans Approved
$31.7M
Total Volume
$773K
Avg Loan Size
7
States Served

States Served

Top Industries Financed

  • Fitness and Recreational Sports Centers
  • All Other Personal Services
  • Sports and Recreation Instruction
  • All Other Insurance Related Activities
  • Plumbing, Heating, and Air-Conditioning Contractors

Quick Summary

Bridgewater Bank is an SBA-approved lender headquartered in SAINT LOUIS PARK, Minnesota. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 41 SBA 7(a) loans totaling $31.7M, with an average loan size of $773K. They serve businesses across 7 states.

About Bridgewater Bank

Bridgewater Bank is an SBA-approved lender headquartered in SAINT LOUIS PARK, Minnesota. Since 2020, they have approved 41 SBA 7(a) loans totaling $31.7M, with an average loan size of $773K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 7 states.

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Frequently Asked Questions

Is Bridgewater Bank an SBA Preferred Lender?

Yes, Bridgewater Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has Bridgewater Bank approved?

According to SBA FOIA public records, Bridgewater Bank has approved 41 SBA 7(a) loans totaling $31.7M since 2020. Their average loan size is $773K.

What states does Bridgewater Bank serve?

Bridgewater Bank serves businesses in 7 states: Arizona, Colorado, Washington D.C., Illinois, Minnesota, North Dakota, Wisconsin.

How do I apply for an SBA loan with Bridgewater Bank?

To apply for an SBA 7(a) loan with Bridgewater Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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